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About Bajaj Financial
Bajaj Financial Securities Limited (BFSL) is a subsidiary of Bajaj Finance Limited, one of the largest NBFCs in India. BFSL, a SEBI registered company offers stockbroking services and is a member of BSE and NSE. BFSL is the depository participant with NSDL and CDSL.
BFSL offers online discount brokerage services in Equity and Derivative Trading, Mutual Funds, Margin Trading Financing, IPO Financing, Spread Financing and Loan Against Securities.
BFSL has two trading platforms - BFSLTrade App (m... 
About Alice Blue
Incorporated in 2006, Alice Blue is a Bangalore based discount stock broker offering stock and commodity trading services at BSE, NSE, and MCX. Alice Blue also offers depository service (demat account) through its membership with CDSL.
AliceBlue offers one simple brokerage plan of Rs 20 for all segments to its customers. The equity delivery brokerage charges are Rs 20 per executed order or 2.5% whichever is lower. For all other segments, Alice Blue charges flat Rs 20 per executed order or 0.05%...
Incorporated in 2010, Bajaj Financial is a Discount Broker. It offers trading at BSE, NSE. It has 6 branches across India. Incorporated in 0, Alice Blue is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 0 branches across India.
| Bajaj Financial | Alice Blue | |
|---|---|---|
| Type of Broker | Discount Broker | Discount Broker |
| Exchnage Membership | BSE, NSE | BSE, NSE, MCX |
| Year of Incorporation | 2010 | 0 |
| Number of Branches | 6 | 0 |
| Open Bajaj Financial Account | Open Alice Blue Account |
Bajaj Financial trading account opening charges is Rs 0 (Free) while Alice Blue account opening changes is Rs 0. Bajaj Financial Demat Account AMC Charges is Rs 199 (Free for 1st year) and Alice Blue Demat Account AMC Charges is Rs 400.
| Bajaj Financial | Alice Blue | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 (Free) | Rs 0 |
| Trading Account AMC Charges | Rs 899 per year | Rs 0 |
| Demat Account Opening Charges | Rs 0 (Free) | Rs 0 |
| Demat Account AMC Charges | Rs 199 (Free for 1st year) | Rs 400 |
Bajaj Financial brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per order whereas Alice Blue brokerage charges for equity is Rs 20 per order or 2.5% whichever is lower and intraday is Rs 20 per order or 0.05% whichever is lower.
| Account Type | Bajaj Financial Freedom Plan | Alice Blue Default |
|---|---|---|
| Fixed Charges | Rs 431 per year | |
| Equity Delivery | Rs 0 (Free) | Rs 20 per order or 2.5% whichever is lower |
| Equity Intraday | Rs 20 per order | Rs 20 per order or 0.05% whichever is lower |
| Equity Futures | Rs 20 per order | Rs 20 per order or 0.05% whichever is lower |
| Equity Options | Rs 20 per order | Rs 20 per order |
| Currency Futures | Rs 20 per order or 0.05% whichever is lower | |
| Currency Options | Rs 20 per order | |
| Commodity Futures | Rs 20 per order or 0.05% whichever is lower | |
| Commodity Options | Rs 20 per order | |
| Special Offer | Special Offer: Freedom Pack - Free Account Opening + Brokerage Free Equity Delivery + Flat Rs 20 Per Trade Brokerage for Intraday & F&O Open FREE Trading Account. | Special Offer: Get equity delivery trading in Rs 20 per executed order or 2.5% whichever is lower and Flat Rs 20 intraday and F&O trade brokerage. Open Instant Account online with Alice Blue and start trading today. |
| Bajaj Financial | Alice Blue | |
|---|---|---|
| Account Type | Professional Pack | Default |
| Fixed Charges | Rs 2500 per year | |
| Equity Delivery | Rs 0 (Free) | Rs 20 per order or 2.5% whichever is lower |
| Equity Intraday | Rs 10 per order | Rs 20 per order or 0.05% whichever is lower |
| Equity Futures | Rs 10 per order | Rs 20 per order or 0.05% whichever is lower |
| Equity Options | Rs 10 per order | Rs 20 per order |
| Currency Futures | Rs 20 per order or 0.05% whichever is lower | |
| Currency Options | Rs 20 per order | |
| Commodity Futures | Rs 20 per order or 0.05% whichever is lower | |
| Commodity Options | Rs 20 per order | |
| Open Bajaj Financial Account | Open Alice Blue Account |
| Minimum Brokerage | Rs 5 per executed order | Rs 0 |
| Other Charges | RMS Auto-Square off: Rs 20 per order | |
| Call & Trade Charges | Rs 20 per trade | Rs 50 per executed order |
| Open Bajaj Financial Account | Open Alice Blue Account |
Bajaj Financial margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Alice Blue margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Bajaj Financial | Alice Blue | |
|---|---|---|
| Equity Delivery | 100% of trade value (1x leverage) | 100% of trade value (1x leverage) |
| Equity Intraday | Up to 20% of trade value (5x leverage) | Up to 20% of trade value (5x leverage) |
| F&O (Eq, Curr, Comm) | 100% of NRML margin (Span + Exposure) (1x leverage) | 100% of NRML margin (Span + Exposure) (1x leverage) |
| Open Bajaj Financial Account | Open Alice Blue Account |
The trading platforms offered Bajaj Financial include BFSLTRADE (Mobile Trading App), Bajajfinservsecurities.in (Website). Alice Blue offers Front End: ANT | Back End: Omnesys NEST trading software.
| Bajaj Financial | Alice Blue | |
|---|---|---|
| 3 in 1 Account |  | |
| Automated Trading | |  |
| Margin Trading Funding | | |
| Margin Against Shares (Equity Cash) | | |
| Margin Against Shares (Equity F&O) | | |
| Trading Platform | BFSLTRADE (Mobile Trading App), Bajajfinservsecurities.in (Website) | Front End: ANT | Back End: Omnesys NEST |
| Intraday Square-off Time | 3:15 PM | Equity: 3:15PM |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | ||
| Open Bajaj Financial Account | Open Alice Blue Account |
Bajaj Financial is rated of 5 based on 16 customer reviews whereas Alice Blue is rated of 5 based on 40 customer reviews.
| Bajaj Financial | Alice Blue | |
|---|---|---|
16 Customer Reviews  | 40 Customer Reviews | |
| Fees |  |  |
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| Trading Platform |  |  |
| Customer Service |  |  |
| Research Capabilities |  |  |
| Overall Rating |  | |
| Broker Rating | Bajaj Financial is Rated 3.0 / 5 based on 16 customer reviews | Alice Blue is Rated 3.1 / 5 based on 40 customer reviews |
| Bajaj Financial | Alice Blue | |
|---|---|---|
| Contact Broker | Freedom Pack - Free Account Opening + Brokerage Free Equity Delivery + Flat Rs 20 Per Trade Brokerage for Intraday & F&O Open FREE Trading Account. | Get equity delivery trading in Rs 20 per executed order or 2.5% whichever is lower and Flat Rs 20 intraday and F&O trade brokerage. Open Instant Account online with Alice Blue and start trading today. |
| Bajaj Financial | Alice Blue | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Bajaj Financial | Alice Blue | |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| Buy Today Sell Tomorrow (BTST) | | |
| Sell Today Buy Tomorrow (STBT) | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| Open Bajaj Financial Account | Open Alice Blue Account |
| Bajaj Financial | Alice Blue | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Bajaj Financial | Alice Blue | |
|---|---|---|
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| Promo / Offers | Bajaj Financial Special OfferFreedom Plus Pack (Lifetime AMC Free)
This is a limited-time offer. Simply leave your contact information with us and Bajaj Financial representatives will contact you. | Alice Blue Special OfferFree Equity Delivery TradeTrade equity delivery in Rs 20 per executed order or 2.5% whichever is lower. Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account online with Alice Blue and start trading today. |
| Open Bajaj Financial Account | Open Alice Blue Account |
Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
Open Bajaj Financial Account
